Southern standard. (McMinnville, Tenn.) 1879-current, 1887-01-22
NO.. q.
PEOPLES MUTUAL LIFE INSUR.
ANCE ORDER.
The Home Office Of this Institution to
be Removed te Nashville, Feb. lst..

D0 neuVVeu Io NASHVILLE, feD' lSC..
1t has been known here for the last
two weeks that the home office of the
Peoples Mutual Life Insurance Order
would be moved to Nashville at an
early day, but we have withheld
any mention of it through these
columns until the official announce
ment was made to the members
through circular direct from the
home Office. That circular was issued
this week, and will have been read
by majority of the members before
this issue fthe STANDARD is publish
ed.
All of the readers of the STANDARD
are more or less familiar with this
Order, as we have from time to time
noted its work and progress. The
demand for the removal of the home
office to more central point has been
growing for some time, and the
officers found that it would be deteri-
mental to the Order to longer dis
regard the demand. The Order has
about reached its ultimatum of
strength with the home Office in as
small town as McMinnville, and ii
has become necessary, in order to
continue the growth upon which an
institution of this kind depends for
existence, that the home Office should
be in more thickly populated center,
and in more direct communication
with its soliciting and collecting
agents, as well as with the majority
of its members.
Already the membership of the
Order in Nashville is larger than at
any other one point, and by having
the home office in that city their
membership there can be quadrupled
in few months. Numerous advan.
tages will accrue to the Order by this
J removal which it is unnecessary to
mention here. 1t will have increased
facilities for all its operative machin-
cry, and will command new strength
. and prestige by its location in the
Chief city of the State. One of the
most central business points in the
: city has been secured for the Order,
: No. 50 Union Street. There will ne
cessarily be some changes in the
t officers and board of directors. The
. Safe Deposit, Trust and Banking
Company, of Nashville, will become
the Treasurer of the Order, and
| Messrs. John G. Houston and j.
' Hill Eakin, two Of Nashville's lead
ing financiers, will be on the directory.
= Mr.. J. G. Martin will remain as
t Secretary. Messrs. j. w. Howard
l and j. R. Haggard will remain on
: the Office force. All the arrange
g ments have been consummated, and
: the removal will take place on or
t about the lst of February. McMinn-
, vile will lose a most important bust
+ ness enterprise by the change, and we
l regret very much to part with it, re-
cognizing the fact, however, that it is
r awise and judicious move for the
8 Order.
t The Peoples Mutual Life Insurance
+ Order is the first cooperative life in
f surance institution ever to achieve
success in Tennessee, and this of itself
is a strong Endorsement of the Order
and the business capacity of the men
who have managed it. 1t was organ
lied in October, 1882, and has success
fully weathered the storm of pre-
judice against such institutions which
, was precipitated upon this section by
. the failure of large number of mar
= riage and birth associations during the
yearit began business. Its certificates
of membership are now, and have
been for several months past, worth
their face value. With all the en-
larged advantages and opportunities
which the Order will gain by the re
moval we predict for it a bright ant
prosperous future.